Despite record occupancy levels driven by the Super Bowl and other holiday visitors, Caesars Entertainment’s first-quarter financial results showed a decline in earnings that may suggest the Strip’s lengthy growth period is slowing.
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The stained glass above the Tropicana’s former casino pit is being removed while the shuttered casino prepares for a fall demolition.
The Oakland Athletics are considering hiring an investment firm to assist team owner John Fisher in securing financing for construction of their planned Las Vegas ballpark.
The movie studio would be built at the Harry Reid Research and Technology Park in southwest Las Vegas, but that depends on a bill clearing the Nevada Legislature.
The proposal would not legalize marijuana outright for recreational use, but it would represent a seismic shift in American drug policy.
An effort by Pinnacle Entertainment to acquire rival Ameristar Casinos collapsed when the share prices for the two Las Vegas-based regional casino operators fell by roughly 60 percent since last fall.
It came down to a matter of semantics over value and price.
Tropicana Entertainment’s new board members received initial regulatory approval Wednesday, even though gaming regulators have not completed their investigations of the new members.
Foreclosures have doubled in Las Vegas from a year ago and the next wave of adjustable-rate mortgage resets could deepen the misery for an already severely depressed housing market, experts in the housing industry said.
While one local project for boutique hotel operator Morgans Hotel Group has fallen through, another is on schedule.
DUBAI, United Arab Emirates — Cirque du Soleil, the dominant entertainment force in Las Vegas, has sold a 20 percent stake in the company to affiliates of Dubai World, the same holding company for the Persian Gulf state that owns a half interest in MGM Mirage’s CityCenter.
Gaming Control Board Chairman Dennis Neilander has told the governor’s office that a planned 14 percent reduction in the panel’s annual budget could lead to gaming enforcement agent layoffs and other staff reductions, decreasing the agency’s effectiveness in policing the state’s largest industry.
Southwest Gas Corp. of Las Vegas reported its second-quarter net loss increased to $2.7 million from $337,000 in the same period last year, but Chief Executive Officer Jeffrey Shaw said he was satisfied with results given the economic downturn.
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These Vegas-area casinos still have coin-operated slots
UNLV is proposing to enter into a 99-year ground lease for 42 acres of university-owned land near the Strip that would generate over a billion of dollars of revenue.
Two cities in the valley rank 10th and 11th in the nation for fastest-growing house prices, according to a new study.
A Las Vegas Strip hotel-casino is partnering with the Las Vegas Grand Prix to bring a nightclub experience to Formula One weekend.
It was one of three six-figure jackpots to hit recently in the Las Vegas Valley.
